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News

BPCE, Novo Banco and Portugal

Reuters on MSN · 2d
Lone Star to sell Portugal's Novo Banco to French BPCE, report says
U.S. private equity fund Lone Star has decided to sell its 75% stake in Novo Banco to French banking group BPCE in a deal that would value Portugal's fourth-largest lender at around 7 billion euros ($8.
Law.com · 1d
Raft of Firms Advising on French Banking Group’s €6.4B Deal for Portugal’s Novo Banco
Novo Banco’s majority shareholder, Nani Holdings, a unit of private equity firm Lone Star Funds, is selling its 75% stake, in a deal that would value the Portuguese bank at €6.4 billion, Lone Star said in a press release.
GlobalData on MSN · 1d
BPCE reportedly in talks to acquire Novo Banco
Lone Star Funds owns 75% of Novo Banco, with the Portuguese government holding a 25% stake through various entities.
RTÉ Ireland
1d
Lone Star agrees to sell Portugal's Novo Banco to France's BPCE for €6.4 billion
French banking group BPCE has agreed to buy US private equity fund Lone Star's 75% stake in Novo Banco in a deal that values ...
U.S. News & World Report1d
Lone Star Agrees to Sell Portugal's Novo Banco to French BPCE for $7.39 Billion
LISBON (Reuters) -U.S. private equity fund Lone Star has agreed to sell its 75% stake in Novo Banco to French banking group BPCE in a deal that evaluates Portugal's fourth-largest lender at 6.4 ...

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